Oil prices steady, awaiting confirmation of surprise U.S. inventory build
Oil futures steadied on Thursday as the market awaited confirmation of industry data that showed a surprise increase in U.S. crude stocks, which offset hopes...
Despite rally, 2020 to be worst year for stocks in nearly a decade: Reuters poll
This year will be the worst for many world stock markets in nearly a decade at least, although a majority of equity strategists polled by...
S&P 500 set for muted open after hitting near 3-month high
The S&P 500 looked set for a subdued open on Thursday as investors paused for breath after three days of gains and weighed signs of...
Dollar chains report surge in sales on coronavirus-driven demand
The top two U.S. dollar store chains reported better-than-expected quarterly sales and profit on Thursday, benefiting from a surge in demand for affordable groceries and...
Home trading triggers bank ‘black hole’ surveillance alerts
Potential breaches of market rules have spiked since traders began working from home in March, drawing scrutiny from regulators and piling pressure on banks to...
Dollar Tree quarterly same-store sales rise 7%
Dollar Tree Inc reported a surge in quarterly same-store sales on Thursday, joining rival Dollar General , as the discount retailer benefited from consumers stockpiling...
Dollar General expects to exceed 2020 forecasts after surge in quarterly sales
Dollar General Corp said on Thursday it expects to exceed its annual sales and profit forecasts after the retailer saw a surge in demand from...
Latin America grabs world spotlight for airline bankruptcies
LATAM Airlines and Avianca Holdings survived the Great Depression, but just a few weeks of quarantines forced both companies into bankruptcy, marking Latin America as...
Exclusive: UK retailer Debenhams cuts ‘hundreds’ of head office staff – sources
British department store group Debenhams has cut “hundreds” of head office jobs as it slims down its administrative functions to support a smaller business in...
U.S. states, cities may snub Fed lending program over high rates
High borrowing costs will limit participation in a $500 billion U.S. Federal Reserve short-term borrowing program set up to address state and city revenue shortfalls...